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The Social Economics of Work Time: Introduction

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  • Deborah Figart
  • Lonnie Golden

Abstract

How do social economists conceptualize and analyze time, particularly time spent in paid employment? In this symposium regarding this quite “timely”" issue, it is evident that social economics views work time as something more than its presentation in neoclassical economics. For neoclassical economists, time is a scarce resource that, when commodified as labor, serves as a factor of production and means to the end of consumption for optimizing firms, individuals, and families. It is also more than the radical political economics understanding of time as the yardstick measuring the value created by labor. Instead, time spent on the job is all at once a source of income, personal identity, and relative status within society, the workplace and household, and a constraint on individuals' ability to pursue self-directed activities and social reproduction. Work time is determined within a complex web of evolving culture and social relations, as well as traditionally conceived market, technological, and macroeconomic forces and institutions such as collective bargaining and government policy.

Suggested Citation

  • Deborah Figart & Lonnie Golden, 1998. "The Social Economics of Work Time: Introduction," Review of Social Economy, Taylor & Francis Journals, vol. 56(4), pages 411-424.
    • Handle: RePEc:taf:rsocec:v:56:y:1998:i:4:p:411-424
    DOI: 10.1080/00346769800000042
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    References listed on IDEAS

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    1. Goldin, Claudia, 1992. "Understanding the Gender Gap: An Economic History of American Women," OUP Catalogue, Oxford University Press, number 9780195072709.
    2. Daniel S. Hamermesh, 1996. "Workdays, Workhours, and Work Schedules: Evidence for the United States and Germany," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number www, December.
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    1. Wilfred Dolfsma & Deborah Figart & Robert McMaster & Martha Starr, 2012. "Promoting Research on Intersections of Economics, Ethics, and Social Values: Editorial," Review of Social Economy, Taylor & Francis Journals, vol. 70(2), pages 155-163, June.
    2. David Peetz & Cameron Allan, 2005. "Flexitime and the Long-Hours Culture in the Public Sector: Causes and Effects," The Economic and Labour Relations Review, , vol. 15(2), pages 159-180, January.

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